Thursday, February 18, 2010

BGZ, EDZ, SRS, and Spy

I am clearing some of my short position here and will look to re enter. I am about 25% short right now not including TLT, UUP, and VXX.

Still have the BIDU puts also which are killing me. It looks as if the Dollar is gonna pull back here and the markets may get a free ride with them.

This is a good thing because if we have sub par treasury auction i will be able to sell some more puts and possibly purchase more TLT.

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